My Way Boat Care A/S — Credit Rating and Financial Key Figures

CVR number: 16993077
Cumulusvej 10, 7190 Billund
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Company information

Official name
My Way Boat Care A/S
Established
1993
Company form
Limited company
Industry

About My Way Boat Care A/S

My Way Boat Care A/S (CVR number: 16993077) is a company from BILLUND. The company recorded a gross profit of -30.1 kDKK in 2023. The operating profit was -30.1 kDKK, while net earnings were -17.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -3.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 97.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. My Way Boat Care A/S's liquidity measured by quick ratio was 31.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-63.08-1.5716.030.76-30.14
EBIT-63.08-1.5716.030.76-30.14
Net earnings-38.991.7115.994.33-17.06
Shareholders equity total533.95535.66551.65555.98538.92
Balance sheet total (assets)550.54545.52569.14569.71552.65
Net debt-16.03-26.03-2.62-7.24-20.04
Profitability
EBIT-%
ROA-8.7 %0.6 %3.8 %1.1 %-3.8 %
ROE-7.0 %0.3 %2.9 %0.8 %-3.1 %
ROI-8.9 %0.6 %3.9 %1.1 %-3.9 %
Economic value added (EVA)-77.75-27.60-13.08-26.75-51.02
Solvency
Equity ratio97.0 %98.2 %96.9 %97.6 %97.5 %
Gearing0.1 %0.9 %0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio27.245.225.432.431.2
Current ratio27.245.225.432.431.2
Cash and cash equivalents16.0326.517.628.4621.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-3.82%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:97.5%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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